Ashiana Housing will invest Rs 425 crore in FY26 to develop senior living homes, nearly doubling last year’s Rs 213 crore spend. The investment will cover land acquisition, construction, execution, and other project-related costs.

The company plans to expand into Mumbai and Bengaluru, adding to its nine existing projects across India—three each in Bhiwadi (NCR) and Chennai, and one each in Jaipur, Pune, and Lavasa.

Joint Managing Director Ankur Gupta emphasized, “Senior living is more than a business segment for us, it is a long-term commitment rooted in demographic need and social relevance.” He added that the increased investment and entry into new cities reflect confidence in the segment and Ashiana’s ability to deliver integrated housing solutions with community engagement. 

In Financial Year 2024-25, Ashiana sold Rs 382 crore worth of senior living homes and targets around Rs 450 crore in sales this year. The firm is scouting land parcels for development. This expansion underscores Ashiana’s commitment to meeting the growing demand for senior living solutions in urban India.